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Phoenix Investors Expands WI Industrial Footprint

By Tony Seruga

The Milwaukee-based commercial real estate company added two new assets to its portfolio as Wisconsin Bank and Trust originated the senior mortgage financing.

Phoenix Investors completed the purchase of two industrial properties in Beloit and Jefferson, Wis., through one of its affiliates. The assets changed hands in a $25.8 million deal and encompass more than 1 million square feet of industrial space. Wisconsin Bank and Trust provided the acquisition financing.

VALUE-ADD OPPORTUNITIES

The property located at 351 Collins Road in Jefferson, Wis., features up to 30-foot clear ceilings and boasts 591,840 square feet. The distribution warehouse is fully leased and is near Interstate 94, providing access to major Midwestern markets including Chicago, Milwaukee and Minneapolis…

Phoenix Investors Expands WI Industrial Footprint

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